On January $2,2023,$ Sheffield Corp. purchased $100$ of the $1000$ outstanding common shares of Sheridan Ltd$.$ for $$66000.$ During $2023,$ Sheridan declared total cash dividends of $$8000$ and reported net income for the year of $$27000.$ If Sheffield uses the cost model to account for its investment in Sheridan, Sheffield's Investment in Sheridan Ltd$.$ account at December $31,2023$ should be